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Sebi plans tighter rules for listing small biz after complaints of misuse

The news rules are slated to be issued later this year after the regulator and exchanges consult stakeholders, they said

Patanjali Foods Q4 results: PAT falls 22% to Rs 206 cr on higher expenses

The Ruchi Gold oil maker's profit fell to Rs 206 crore (around $25 million) for the quarter ended March 31, from Rs 264 crore a year earlier

Pakistan PM Sharif unveils broader plan to sell most state-owned firms

The statement didn't clarify which sectors would be deemed strategic and non-strategic

Sony Group posts 7% fall in annual profit, narrowly misses PS5 target

The Japanese tech conglomerate plans a partial spin-off of its financial unit with a listing in October 2025 in order to focus on its entertainment and chips units

Alibaba Q4 results: Profit declines by 86%, beats revenue estimates

Consumers in China have been spending carefully after the Covid-19 pandemic amid an economic slowdown and property slump

Apple supplier Foxconn's Q1 net profit jumps 72% but misses forecasts

While the profit missed the T$29.31 billion forecast by analysts, it was Foxconn's third consecutive quarterly profit rise

Fed's Powell expects inflation to fall, though not as confident as before

Powell said his outlook was for continued growth and ongoing job creation bolstered by immigration

Amazon's AWS chief Selipsky to step down, veteran named successor

Adam Selipsky, 57 will leave the company on June 3 and will be replaced by Matt Garman, a senior vice president who has overseen sales and marketing at AWS

Dalmia Bharat Sugar Q4 results: PAT falls 25% to Rs 93.37 cr on weak sales

Peers Dhampur Sugar Mills and Dwarikesh Sugar Industries too reported a fall in their respective quarterly profits

Oberoi Realty Q4 PAT up at Rs 788 cr on strong demand for luxury projects

India's real estate market is seeing a surge in demand for homes, particularly luxury properties. Unlike other segments, the luxury market seems unfazed by rising property prices

US producer prices in Apr soar more than expected on strong services, goods

The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined

Unchecked explosion of retail trading can spark market stability issues: FM

The ratio of the notional value of derivatives traded in India to more traditional cash trading is 422 times, the world's highest, Axis Mutual Fund said in an October 2023 report

Q4 results: PVR Inox reports Rs 130 crore net loss on weak demand

The company reported a consolidated net loss of Rs 130 crore ($15.6 million) for the March quarter, missing analysts' estimate of a loss of Rs 83.59 crore, as per LSEG data

Snack maker Haldiram's eyed by foreign investors like Blackstone, ADIA

Haldiram's was last year also an acquisition target for India's Tata Group, one of country's biggest conglomerates

Vodafone reports slight rise in net profit helped by gains in UK, Germany

On Tuesday it said it expected core earnings this year to be broadly flat at around 11 billion euros, while free cash flow would be at least 2.4 bn euros, slightly ahead of current market forecasts

Investors 'most bullish' since Nov 2021 on rate cut expectations: Survey

The survey of global fund managers with $562 billion in asset under management found 82% expect the first rate cut by the Federal Reserve in the second half

Foreign equity investors turn to hedging over Lok Sabha poll jitters

Ahead of the results, the net open interest of put options on Indian indexes held by foreign investors hit the highest since at least January 2019

Meta's next device could be AI-powered earbuds with integrated cameras

Facebook's parent company is exploring the new AI-powered smart wearable device under the codename "Camerabuds"

Nomura to nearly double profit over 7 yrs with focus on wealth management

Nomura has built out a dedicated team to tap into Asian markets, hiring more than 70 private bankers over the past three years

Uber to take over Delivery Hero's food panda biz in Taiwan for $1.25 bn

Asia has become Delivery Hero's biggest market after its $4 billion deal in South Korea in 2019 but the company has been trying to divest some of its assets in the region to improve profitability